Which of the following is not a major achievement of the European Union (EU) ?

A) It abolished tariffs and quotas among its member nations.
B) It liberalized the movement of capital and labor among its member nations.
C) It created common policies in agriculture, transportation, and business practices among its members.
D) It established a common fiscal policy among its member nations.

European Union

A political and economic union of 27 European countries that are tied by common policies covering a wide range of areas, including trade, security, and law.

Common Fiscal Policy

A coordinated approach by multiple governments or entities to manage tax policies, government spending, and public debt to influence economic conditions.

Tariffs and Quotas

Government-imposed regulations where tariffs are taxes on imported goods, and quotas are limits on the amount of a product that can be imported.